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626 South Auburn $1,550,000

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    626 South Auburn Grass Valley, CA 95945

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    $1,550,000

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 20023214
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    Views: 15

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    Property Details

    Pride of ownership throughout this property. This is a quaint little village of 11 cottage style units. Initial investigation was completed several years ago to expand the unit mix to include three fourplex units on the back of the property with separate ingress and egress. Every unit has been impeccably maintained, thus the high demand for tenants desiring to live here. 100% rented out. High quality tenants love the feeling of community that this complex provides including a community garden. The owner has spared no expense in upgrading each home including interior & exterior paint, plumbing, electrical, water lines, kitchen upgrades, flooring, bathroom upgrades etc. Location convenient to downtown Grass Valley, public transportation and shopping. All units are single story. If you are an investor looking for good cash flow, pride of ownership and upside potential with the large vacant area yet to be developed into additional income ideas. A great opportunity for the right buyer.

    • General Features
      • Approx. Lot Sq. Ft. 59677
      • HOA No
      • HOA Dues $0
      • Tenant Pays Cable, Electric, Gas/Propane, Water
      • Year Built 1938
      • County Nevada
    • Building Features
      • Air Conditioning Varies by Unit, None
      • Heat Furnace Wall, Natural Gas, Varies by Unit
      • Unit 1 Approx. SqFt. 0
      • Unit 2 Approx. SqFt. 1
      • Unit 3 Approx. SqFt. 0
      • Unit 4 Approx. SqFt. 0
      • Construction Wood
      • Style Description Cottage/Bungalow
      • Roof Description Comp Shingle
      • Amenities Extra Storage, Separate Lndry Fclty, Yard Space, Other-Rmks
      • Equipment Cable TV Available, Cable TV Installed, Varies by Unit, Window Furnishings
      • Exterior Wood
      • Furnished None
      • Kitchen Appliances Range Gas F/S, Refrigerator F/S, Varies by Unit
    • Property Features
      • Acreage 1.37
      • Parking 1 Space Per Unit, Guest, Open
      • Miscellaneous Varies by Unit, Other-Rmks
      • Energy Features Varies by Unit
    • Schools
      • Elementary School Grass Valley
      • Middle School Grass Valley
      • High School Nevada Joint Union

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    Neighborhood

    95945 (Grass Valley) Demographics

    50 Median Age
    400 Population Density (per sq. mile)
    39% College Educated
    $43,636 Estimated Median Income
    6,579 Estimated Total Home Owners
    4,783 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    25,712 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    62 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,550,000 -6.06%
        4/25/2020 9:44:00 PM New in Database Source New Value: $1,650,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 8/7/2020 11:46:35 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.